Dow tops 18,000 as market reaches new highs
The Dow Jones industrial average broke through another milestone earlier in the week, closing above 18,000 points for the first time following more encouraging news on the U.S. economy.
The government reported early Tuesday that the economy grew at a rapid annual rate of 5 percent in the third quarter of the year, the fastest pace in more than a decade.
It was the fifth straight gain as the market shakes off the last of an early-December slump.
The Dow and the Standard & Poor's 500 index are at all-time highs.
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Posted on Fri, December 26, 2014
by Associated Press